As current market tenders become more competitive and harder to win, developers and contractors are looking toward innovative technology in order to streamline the entire tender process. In today’s Urban Developer, Matt Hemming Partner, Mitchell Brandtman, shares his knowledge on this topic.
Technology such as Building Information Modelling (BIM) – especially 5D and 4D BIM – allows developers insight into project time, cost and quality. All elements that can be the critical difference between delivering a project on time and on budget.
In the tender phase, a developer can utilise BIM technology to provide contractors and subcontractors with 3D design models that help them understand the project and create a more accurate, reliable, cost-effective and certain tender.
Accuracy
Since BIM’s deliver a digital representation of the physical and functional characteristics of a project, the accuracy this technology provides is almost second to none.
With a digital representation of the project, the high level of detail allows contractors and subcontractors to accurately estimate the elements of the project to deliver tenders that will be true to the realities of the build – making for a highly competitive market tender.